If You Invested $1000 In Nokia Stock 5 Years Ago, You Would Have This Much Today

Nokia (NYSE:NOK) has outperformed the market over the past 5 years by 3.04% on an annualized basis producing an average annual return of 15.0%. Currently, Nokia has a market capitalization of $43.46 billion.

Buying $1000 In NOK: If an investor had bought $1000 of NOK stock 5 years ago, it would be worth $2,006.44 today based on a price of $7.79 for NOK at the time of writing.

Nokia's Performance Over Last 5 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.